All life insurers in South Korea will be able to launch products, enabling life insurance policyholders to have access to death benefits early in their retirement, by 2 January 2026, according to the Financial Services Commission (FSC).
The Insurance Development Forum (IDF), a public-private partnership that aims to close insurance gaps, has released a new paper, addressing the growing divide between insured and uninsured losses from natural disasters.
The life insurance industry in Singapore continues to shift due to technological innovation, evolving consumer demands for long-term protection needs and ongoing geopolitical concerns.
Samsung Life Insurance has appointed Lee Seung-ho as its new president.
Hong Leong Assurance (HLA) has launched HLA Legacy Wealth, a new insurance product aimed at Malaysians seeking structured legacy and wealth-transfer solutions.
On 24 November, it was reported that the government is adjusting policies to prioritize citizens aged 75 and above.
President Lai Ching-te (???) announced on Monday that Taiwan's National Health Insurance budget is projected to reach a record NT$1tn (approximately $31.8bn) next year.
Hannover Re has appointed Ms Sun Yan as Head of Life and Health Greater China, according to post on the company's LinkedIn page.
AIA Hong Kong & Macau has launched its new "On Your Side" Critical Illness Protection Series products, offering customers flexible and caring health protection solutions tailored to the diverse needs across different life stages.
Tokio Marine Kiln (TMK) has appointed Ms Adele Beresford as Underwriter within its life sciences team.